Analysts at BNP Paribas assumed coverage on shares of Fresnillo Plc (LON:FRES) in a research note issued to investors on Thursday. The firm set a “neutral” rating and a GBX 1,500 ($19.36) price target on the stock. BNP Paribas’ price objective would indicate a potential downside of 6.60% from the stock’s previous close.

A number of other equities research analysts also recently issued reports on the company. Goldman Sachs Group Inc reiterated a “sell” rating and issued a GBX 1,050 ($13.55) price objective on shares of Fresnillo Plc in a research report on Thursday, March 16th. Macquarie reiterated a “neutral” rating and issued a GBX 1,300 ($16.78) price objective on shares of Fresnillo Plc in a research report on Monday, February 6th. HSBC Holdings plc reiterated a “buy” rating and issued a GBX 1,840 ($23.75) price objective on shares of Fresnillo Plc in a research report on Wednesday, February 8th. Deutsche Bank AG lowered their price objective on Fresnillo Plc from GBX 1,320 ($17.04) to GBX 1,150 ($14.84) and set a “hold” rating on the stock in a research report on Wednesday, March 1st. Finally, Citigroup Inc increased their price objective on Fresnillo Plc from GBX 1,100 ($14.20) to GBX 1,225 ($15.81) and gave the stock a “sell” rating in a research report on Friday, January 27th. Two investment analysts have rated the stock with a sell rating, seven have issued a hold rating and two have issued a buy rating to the company. The company presently has a consensus rating of “Hold” and an average target price of GBX 1,434.50 ($18.52).

Analyst Recommendations for Fresnillo Plc (LON:FRES)

Fresnillo Plc (LON:FRES) opened at 1592.00 on Thursday. Fresnillo Plc has a 52 week low of GBX 993.50 and a 52 week high of GBX 2,057.21. The stock has a 50 day moving average price of GBX 1,525.51 and a 200 day moving average price of GBX 1,424.08. The company’s market cap is GBX 11.73 billion.

The company also recently announced a dividend, which will be paid on Friday, May 26th. Investors of record on Thursday, April 27th will be paid a €0.22 ($0.24) dividend. This represents a yield of 1.17%. The ex-dividend date is Thursday, April 27th. This is a boost from Fresnillo Plc’s previous dividend of $0.03.

ILLEGAL ACTIVITY NOTICE: This news story was originally published by American Banking News and is the property of of American Banking News. If you are reading this news story on another site, it was illegally copied and republished in violation of United States and international copyright legislation. The correct version of this news story can be viewed at https://www.americanbankingnews.com/2017/05/18/fresnillo-plc-fres-earns-neutral-rating-from-analysts-at-bnp-paribas.html.

About Fresnillo Plc

Fresnillo plc is a holding company. Through its subsidiaries, the Company is engaged in the mining and beneficiation of non-ferrous minerals, and the sale of related production. The primary contents of this production include silver, gold, lead and zinc. The Company has six operating mines: Fresnillo, located in the State of Zacatecas, which is primary silver mine; Saucito, located in the State of Zacatecas, an underground silver mine; Cienega, located in the State of Durango, an underground gold mine, including the San Ramon satellite mine; Herradura, located in the State of Sonora, a surface gold mine; Soledad-Dipolos mine, located in the State of Sonora, a surface gold mine, and Noche Buena, located in State of Sonora, a surface gold mine.

Receive News & Ratings for Fresnillo Plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Fresnillo Plc and related companies with MarketBeat.com's FREE daily email newsletter.